Tag Archives: emergency

House passes war funding bill

Washington (CNN) — The House of Representatives on Tuesday gave final approval to a nearly $59 billion emergency spending bill, the bulk of which would go toward the U.S. troop buildup in Afghanistan.

Specifically, the bill includes almost $33 billion for Afghanistan, along with over $5 billion for the Federal Emergency Management Agency, almost $3 billion for Haiti relief programs and $68 million for the oil disaster response in the Gulf of Mexico.

It now goes to the president for his signature.

The Senate passed the measure last week after stripping out more than $20 billion for domestic priorities favored by many Democrats.

Top Democrats struggled to maintain support for the bill among more liberal House members, who have increasingly turned against the Afghan war effort and are upset about the loss of funding for programs designed to prevent teacher layoffs, among other things.

Rep. David Obey, D-Wisconsin, chairman of the House Appropriations Committee, slammed the Senate for stripping domestic funding from the bill, including funding for teachers and other forms of education funding.

Obey said he opposed the emergency funding bill because of questions over the prospects for success in Afghanistan.

“The Afghan government has not demonstrated the focused determination, reliability and judgment necessary to bring this effort to a rational and successful conclusion,” he said.

The federal government has “appropriated over $1 trillion for the wars in Iraq and Afghanistan to date, more than $700 billion to Iraq and $300 billion for Afghanistan,” Obey noted.

“To those who say we must pay it because we’re going after al Qaeda, I would note that Afghanistan is where al Qaeda used to be,” he said. “Today, there are fewer than 100 al Qaeda in Afghanistan, which was publicly confirmed last month by CIA chief (Leon) Panetta. Al Qaeda has relocated to other countries and regions.”

Rep. Jim McGovern, D-Massachusetts, called the Afghanistan war policy “deeply flawed.”

“Occupying Afghanistan in support of a corrupt and incompetent government will continue to claim the lives of our soldiers,” McGovern said. “It will continue to bankrupt us, and it will not enhance our national security. … It is a mistake to give this administration yet another blank check for this war.”

Also Tuesday, the House defeated a non-binding resolution that called for the withdrawal of all U.S. military personnel from Pakistan, which borders Afghanistan. Currently, the United States has more than 200 armed service members in Pakistan.

Fueling liberal discontent with the war effort was Sunday’s release by the whistle-blower website WikiLeaks of roughly 76,000 U.S. military and diplomatic reports about Afghanistan filed from 2004 to January 2010.

President Barack Obama said Tuesday that he is “concerned about the disclosure of sensitive information,” but insisted the documents don’t shed much new light on the war effort. A number of critics, however, insist the documents back their assertion that the war effort is foundering in part due to unreliable allies in the Afghan and Pakistani governments.

House Majority Leader Steny Hoyer, D-Maryland, asserted Tuesday that the document leak would not affect the House vote. He noted that funding of U.S. troops in Afghanistan will run out early next month, and said Congress needed to ensure they have the necessary supplies.

“The fact is those troops are there now, and money to fund those troops … will be depleted as of the seventh of August,” Hoyer said. “So whatever we decide on policy in the longer term does not, in my opinion, affect our obligation today to make sure that the troops, as long as they are there, have the resources they need.”

CNN’s Alan Silverleib, Deirdre Walsh and Craig Broffman contributed to this report

House passes war funding bill

Geithner: Let tax cuts for rich expire

Washington (CNN) — The Obama administration will push for letting tax cuts for wealthy Americans expire while extending them for the rest of the nation, Treasury Secretary Tim Geithner said.

In interviews broadcast Sunday on ABC and NBC, Geithner called for a balanced approach as the economy recovers from the recession that started in 2008 while facing mounting federal debt.

That means pushing for measures designed to raise revenue, such as letting tax breaks from the Bush administration expire for families earning more than $250,000 a year while holding down spending and taking steps to encourage private sector job creation, Geithner said.

“We’re in a transition … from the extraordinary actions the government had to take to break the back of this financial crisis to a recovery led by private demand,” Geithner told the NBC program “Meet the Press”. “That transition is well under way. It’s going to continue and it’s going to strengthen.”

Along with letting the tax cuts for the wealthy expire, the administration also wants to “leave in place tax cuts that are very important to incent businesses to hire new employees and to invest and expand in output,” Geithner said on the ABC program “This Week.”

Republicans say letting tax cuts expire for wealther Americans will hurt economic growth as the nation recovers from the recession. In particular, GOP critics say the $250,000-a-year threshold means many small business owners would be included in the group seeing their tax burdens increase when the cuts expire at the end of 2010.

“The safest thing for America would be to have a provision passed this fall that said no tax increase of any kind in 2011,” former House Speaker Newt Gingrich, a possible Republican presidential candidate in 2012, said on the “FOX News Sunday” program. “Everywhere I go — and I’ve been in 10 states in the last 14 days — business people say to me over and over again, ‘I will create no new jobs in this environment because the uncertainty is too frightening.’ “

Geithner said the plan is to extend the tax cuts for more than 95 percent of country while letting them expire for about 3 percent, which he called the “highest-earning Americans.”

Asked on the ABC show if letting any tax cuts expire would harm the recovery, Geithner said: “I do not believe it will have a negative effect on growth.”

“We think that’s the responsible thing to do,” Geithner said. “We need to make sure we can show the world that we’re willing as a country now to start to make some progress bringing down our long-term deficits.”

Video: Bush tax cuts: Time to expire?

Video: Have Dems’ econ policies failed?

Video: Obama’s economic plan

Overall, he said, the government was “making progress” in restoring private sector job growth.

“I think the most likely thing is you see an economy that gradually strengthens over the next year or two,” Geithner said on NBC. “You see job growth start to come back again; and again, investment expanding, manufacturing is getting a little stronger, exports better. Those are very encouraging signs. But we’ve got a long way to go still.”

President Barack Obama’s poll numbers for his handling of the economy have dropped into unfavorable territory, and Republicans have hammered the administration over continuing high unemployment despite last year’s $787 billion economic stimulus bill. Last week, the administration said it expects unemployment to remain above 9 percent through 2011.

Geithner said the government is moving from the emergency steps enacted to deal with the recession — such as bailing out big banks and automakers — to more long-term approaches for helping the private sector create jobs.

On NBC, he called completing projects under the stimulus bill and enacting proposals to help small businesses and teachers “sensible, good steps,” adding that the main goal is to “make this transition to a recovery led by private companies.”

“We have to make some choices, too, and we have to make sure we can continue to earn confidence around the world that we’re going to have the will as a country to bring these large inherited deficits down over time to a much more manageable level,” Geithner said.

Geithner: Let tax cuts for rich expire